Ok. So it could be either $40M or $400M - that's a huge range. Let's assume something in the middle, like $200m. Does it seem credible to you guys that nobody except the three plaintiffs noticed that SolarCity faked half of their 2016 revenue?

Well first off, I don’t see a time range here. This could easily be stretched over multiple years.

Secondly, if someone says “tens or hundreds of millions”, I assume that they’re giving a rough estimate based on incomplete information. If I’m evaluating the credibility of such an estimate, then I’ll consider the most conservative end of the range, which in this case is $20M. If we suppose that that was spread over three years, then we’re talking about 1-2% of total revenue. That doesn’t sound so implausible, right?

Finally, SolarCity’s 2016 revenue was $730M, not $400M.

That does sound plausible and also not newsworthy :-)

I would wager that anything in a range 10%-50% of missing revenue, for a publicly traded company, would be caught by external auditor. And I’d im not mistaken, external auditors are required. If I’m wrong on either of those accounts, then I’d be seriously concerned about our stock market.

This shouldn’t have me laugh out loud, but it did.